Coke-Columbia Pact

Reuters

Published: March 22, 1982

ATLANTA, March 21—
The Coca-Cola Company said that the definitive agreement on its proposed acquisition of Columbia Pictures Industries had been signed by the management of both companies. Coca-Cola said Friday that completion of the $750 million transaction was subject to approval by stockholders of both companies, the completion of normal reviews and actions by Government agencies and the satisfaction of other conditions in the agreement.